Experiment Center

Economic experiments – be it in the lab or the field – provide a valuable method to explore the foundations, mechanisms, and implications of economic decision-making in financial contexts and institutions. Researchers at the SAFE Experiment Center use this method to study key questions, for example, in household finance, corporate governance, or financial markets. Experiments help to identify causal relations, measure “behavioral heterogeneity” (e.g., in economic preferences or beliefs), as well as assist policymakers in evaluating the effects of particular interventions and institutions.

The SAFE Experiment Center is a collaboration between the Leibniz Institute for Financial Research SAFE and the Frankfurt Laboratory for Experimental Economic Research FLEX.

SAFE is pleased to have support the development of the Behavioral Measurement Toolbox (BMT), a standardized research platform that enables researchers to implement incentivized behavioral measurements through controlled decision tasks without requiring programming expertise or dedicated IT infrastructure.


Publications

Author/s Title Area Type Published
Andrej Gill, Florian Hett, Johannes Tischer Time Inconsistency and Overdraft Use: Evidence from Transaction Data and Behavioral Measurement Experiments
SAFE Working Paper No. 347
Household Finance, Experiment Center SAFE Working Paper 2022
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk Artificial Intelligence, Ethics, and Intergenerational Responsibility
SAFE Working Paper No. 335
Household Finance, Experiment Center SAFE Working Paper 2022
Victor Klockmann, Marie Claire Villeval, Alicia von Schenk Artificial Intelligence, Ethics, and Pivotality
SAFE Working Paper No. 336
Household Finance, Experiment Center SAFE Working Paper 2022
Wenhui Li, Peter Ockenfels, Christian Wilde The Effect of Ambiguity on Price Formation and Trading Behavior in Financial Markets
SAFE Working Paper No. 326
Financial Markets, Experiment Center SAFE Working Paper 2021
Kevin Bauer, Oliver Hinz, Moritz von Zahn Expl(AI)ned: The Impact of Explainable Artificial Intelligence on Users' Information Processing
SAFE Working Paper No. 315
Financial Intermediation, Experiment Center SAFE Working Paper 2021
Kevin Bauer, Andrej Gill Mirror, Mirror on the Wall: Machine Predictions and Self-Fulfilling Prophecies
SAFE Working Paper No. 313
Financial Intermediation, Experiment Center SAFE Working Paper 2021
Wenhui Li, Christian Wilde Separating the Effects of Beliefs and Attitudes on Pricing under Ambiguity
SAFE Working Paper No. 311
Financial Markets, Experiment Center SAFE Working Paper 2021
Kevin Bauer, Oliver Hinz, Christof Weinhardt, Wil van der Aalst Expl(AI)n It to Me – Explainable AI and Information Systems Research
Business & Information Systems Engineering
Financial Intermediation, Experiment Center Published Paper 2021
Ferdinand von Siemens Motivated Beliefs and the Elderly’s Compliance with COVID-19 Measures
SAFE Working Paper No. 299
Law and Finance, Experiment Center SAFE Working Paper 2021
Kevin Bauer, Michael Kosfeld, Ferdinand von Siemens Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods
SAFE Working Paper No. 318
Financial Intermediation, Experiment Center SAFE Working Paper 2021

Research Projects

Current Research Team

Researcher Position
Andre, Peter Professor
Bauer, Kevin Professor
Famulok, Jakob Doctoral Student
Gill, Andrej SAFE Fellow
Hett, Florian SAFE Fellow
Laudenbach, Christine Professor
Liebich, Lena Doctoral Student
von Siemens, Ferdinand SAFE Fellow